Money Math
The original amount of money you deposit or borrow.
What is Principal?
A short-term way to earn money, often just to pay bills
What is a Job? (Part of Career vs. Job)
Things you own that can be turned into cash very quickly.
What are Liquid Assets?
A plastic card that takes money directly out of your bank account.
What is a Debit Card?
The "extra" money you earn for saving or pay for borrowing.
What is Interest?
A long-term profession that usually requires special training.
What is a Career?
Land and the buildings or houses sitting on that land.
What is Real Estate?
Using an app or website to manage your money and pay bills.
What is Electronic Banking?
What your investment will be worth at a specific date in the years to come.
What is Future Value?
A natural talent or a quickness in learning a specific skill.
What is Aptitude?
The amount of money a house or item would sell for right now.
What is Market Value?
A special savings account where you leave money for a set time to earn more interest.
What is a Certificate of Deposit (CD)?
A series of equal payments made at regular times (like monthly).
What is an Annuity?
A one-page summary of your work history, education, and skills.
What is a Resume?
The level of wealth, comfort, and housing available to a person.
What is Standard of Living?
A letter you send with a resume to introduce yourself to an employer.
What is a Cover Letter?